Everything You Should Know About 2FA Bypass Attacks. - PowerPoint PPT Presentation

About This Presentation
Title:

Everything You Should Know About 2FA Bypass Attacks.

Description:

2FA bypass attacks are cyberattacks aimed at account takeover when hackers have already accessed the credentials of a specific account and bypass the second layer of authentication in various ways. And one new threat, the 2FA bypass attack, poses significant challenges for organizations embarking on a digital transformation journey. 2FA bypass attacks are cyberattacks aimed at account takeover when hackers have already accessed the credentials of a specific account and bypass the second layer of authentication in various ways. – PowerPoint PPT presentation

Number of Views:6
Slides: 9
Provided by: lrciam
Tags:

less

Transcript and Presenter's Notes

Title: Everything You Should Know About 2FA Bypass Attacks.


1
Everything You Should Know About 2FA Bypass
Attacks.
2
What is a 2FA Bypass Attack?
2FA bypass attacks are cyber attacks that can be
performed by hackers who have already compromised
a particular account, and they are used to gain
access to another account.
3
What exactly is a 2FA Bypass Attack and how
might It affect your Business?
  • 2FA bypass attacks are a result of compromised
    credentials as well as compromised additional
    layers of authentication, such as SMS-based OTP
    authentication and email authentication.
  • Cybercriminals use user IDs and passwords to gain
    access to the second layer of authentication,
    where they can initiate a process to bypass it.
  • If youre not careful about protecting your data
    from such attacks, you could be putting your
    business and your customers safety at risk.

4
Types of 2FA Bypass Attacks
  • SMS-based Attacks
  • An attacker can initiate an SMS-based attack by
    hijacking a victim's phone number or intercepting
    the Secured Signaling System 7 (SS7) network. SS7
    is commonly used within most network providers
    and has several security flaws that make it easy
    to exploit.

5
2. Code-generator attacks
  • Hackers exploit multi-factor authentication by
    altering the seed value generated by the
    authentication mechanism, enabling them to create
    duplicate OTPs.
  • Furthermore, many fake apps are available on the
    market that leverages phishing practices and
    generates codes or access the codes sent on the
    users smartphone. Slight negligence while
    analyzing these apps could result in a greater
    security risk.

6
3. Man-in-the-middle attacks
  • A man-in-the-middle (MiTM) attack occurs when an
    attacker intercepts and relays communications
    between two parties that believe they are
    communicating directly.
  • When employees use instant messaging or video
    conferencing to communicate, they may not realize
    that an attacker has inserted himself into the
    conversation and is collecting and manipulating
    their information.
  • Privacy-related attacks can have serious
    consequences for users and employees.

7
How Risk-Based Authentication (RBA) Works Best
for 2FA Bypass Attacks?
Risk-based authentication, also called adaptive
authentication, monitors your identity and access
by imposing increasingly strict rules on your
ability to access a system.
8
Thankyou!
Cyber attackers will always try to find ways to
bypass even the most robust security measures. As
a result, businesses must invest in
next-generation authentication technology. If a
breach or a breach attempt fails due to 2FA and
other risk-based authentication mechanisms, it
will significantly add to the impact of
cybersecurity strategies. Get in touch with our
team
Write a Comment
User Comments (0)
About PowerShow.com